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The latest announcement is out from Wang On Group Limited ( (HK:1222) ).
Wang On Group Limited has outlined the terms of reference for its Audit Committee, which is integral to the company’s governance structure. The committee, composed mainly of independent non-executive directors, is tasked with overseeing financial reporting, risk management, and internal control systems. This move aims to enhance transparency and accountability, ensuring robust oversight of financial practices and compliance with regulations. The committee is empowered to investigate activities, seek necessary information, and report any significant issues to the board, thus reinforcing the company’s commitment to strong corporate governance.
More about Wang On Group Limited
Wang On Group Limited operates in the investment and development sector, focusing on property development, management, and investment. The company is known for its diverse portfolio, including residential and commercial properties, and is actively engaged in expanding its market presence.
YTD Price Performance: 4.76%
Average Trading Volume: 4,450,748
Technical Sentiment Signal: Sell
Current Market Cap: HK$273.9M
For an in-depth examination of 1222 stock, go to TipRanks’ Overview page.